Yesterday there was increased activity of buyers, but whether they will be able to continue the recovery today market?
BCH / USD
Yesterday, the BCH price set a minimum at 192.52 USD. From the minimum point, rather large purchases quickly restored the pair to the area of 215.00 USD.
It seems that today the level of 23.6% Fibo (206.95 USD) will be able to provide support to the price, and the recovery will continue to the four-hour EMA55.
However, at the moment, trading activity has decreased. If the lull in the market drags on, then the pair will lie in a narrow lateral range until the end of the day.
LTC / USD
Yesterday, Litecoin price decline stopped around 42.00 USD. Buyers actively restored the pair above the level of 50% Fibo (45.82 USD) and consolidated in consolidation.
If this Fibonacci retracement holds the price todayLTC from the decline, then the recovery may continue to the area of four-hour EMA55 (50.00 USD). If buyers do not show yesterday's activity, then the couple will get stuck in the side.
EOS / USD
Yesterday, quite large volumes of purchases contributed to a recovery in the price of 2.60 USD.
Today, some recovery continued, butalready at lower volumes. Buyers were able to get to the level of 2.652 USD. If the buyers' activity can be increased, then they will restore the pair to the four-hour moving average EMA55 (2.80 USD).
A decrease in market activity will lead to a rollback of the pair to the area of 2.48 USD.
XLM / USD
Yesterday, despite the rather modest volume of purchases, the price of Stellar was able to test the resistance of 0.060 USD. It is not possible to stay above the Point of Control line yet.
We believe that today will be the consolidation of the pair under the POC line (0.058 USD). If the buyer takes the initiative, then short-term growth is possible in the area of average prices.